requirements set out internal policies and procedures.

• Maintain compliance information and documentation in internal compliance systems used for client risk scoring and rating, ongoing monitoring and sanctions screening processes
• Conduct appropriate AML/ATF, sanctions and adverse media screening for prospective new business and in-force business
• Participate in Underwriting Committee meetings for all policies seeking approval.
• Complete periodic reviews of existing business-based risk in line with documented risk assessment and perform ongoing monitoring activities in respect of transactions and changes to client profiles.
• Maintain registers relating to high risk, enhanced due diligence clients, declined business and client complaints.
• Where relevant, ensure timely remediation of client files, working with the Client Services Team to gather outstanding documentation.
• Ensure all compliance related policies and procedures are updated annually and complete a gap analysis when changes occur.
• Organize annual independent AML / ATF audits.
• Responsible for financial crimes reporting and SARS reporting.
• Responsible for annual CRS / FACTA reporting.
• In conjunction with the board of directors, develop and maintain internal policies and procedures with respect to regulatory compliance standards related to areas such as corporate governance, risk management and outsourcing relationships.
• In conjunction with the board of directors, develop and maintain internal policies and procedures with respect to the Personal Information Protection Act of Bermuda.
• Assistance with Bermuda Monetary Authority on-site visits.
• Coordinate annual AML/ATF training for the Bermuda office.
• Produce quarterly compliance reports for board of directors’ meetings.
• Assist in other compliance ad-hoc requests as required.Skills and Qualifications:
• Ability to analyze complex regulations and assess their impact on the organization
• Ability to be flexible during key project periods.
• Ability to produce monthly reports and quarterly board updates.
• Ability to work independently and collaboratively in a dynamic team environment, partner with and build relationships internally and externally.
• Capable of working under pressure, proven ability to organize and prioritize multiple assignments, taking independent decisions and solving problems timely.
• Development and implementation of global policies and procedures to ensure regulatory and operational compliance.
• Development of AML/ATF Policies and Procedures and training programs for licensed entities.
• Excellent interpersonal and communication skills, both written and verbal, with prior experience in formal business report writing.
• High level of attention to detail and collaboration with other compliance professionals within the organization
• Must be a subject matter expert on Bermuda Compliance related Regulations.
• Precision in reviewing documents, procedures and policies to ensure full compliance.
• Strong analytical and problem-solving skills to address compliance issues.Requirements:
• Bachelor’s degree in business, Finance, Law, or related field.
• Relevant industry certifications (e.g., ACAMS, CCEP, CRCM or equivalent) a plus.
• Minimum of 10 years of experience as a Compliance Officer in the insurance or financial services sector.
• Experience of third-party compliance IT systems used to risk rating, ongoing monitoring, repository of compliance documentation and sanctions screening processes

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